cork here is a new twist to Q companies PALDF has a new twist to it terminate all warrants & options PALDF is going to sell debs to policy holders on record Existing holders of common shares will own 2% of the post-Recapitalization common shares outstanding on a fully-diluted basis; The Company's outstanding warrants and options will be terminated; After completion of the Recapitalization, the Company will undertake a $50 million rights offering to raise equity, pursuant to which all shareholders at that time will be able to participate; The $50 million rights offering will be backstopped by Brookfield and other parties; http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113727849 cc cc